The S&P/ASX 200 is trading 0.35 per cent lower at 7,205.40.
Futures
The SPI futures are down 27 points.
Best and worst performers
The best-performing sector is Energy, up 0.60 per cent. The worst-performing sector is REITs, down 0.7 per cent.
The best-performing large cap is New Hope Corporation (ASX:NHC), trading 3.65 per cent higher at $6.39. It is followed by shares in BlueScope Steel (ASX:BSL) and Yancoal Australia (ASX:YAL).
The worst-performing large cap is Pilbara Minerals (ASX:PLS), trading 3.33 per cent lower at $4.205. It is followed by shares in Meridian Energy (ASX:MEZ) and James Hardie Industries plc (ASX:JHX).
Asian markets
Japan’s Nikkei has lost -1.41 per cent.
Hong Kong’s Hang Seng has gained 0.02 per cent.
China’s Shanghai Composite has gained 0.02 per cent.
Commodities and the dollar
Gold is trading at US$1,953.60 an ounce.
Light crude is trading $1.02 higher at US$92.50 a barrel.
One Australian dollar is buying 64.37 US cents.